Beijing Hyundai, Hyundai Motor’s Chinese joint venture, has launched the Ioniq V electric sedan in China with five variants and limited-time prices ranging from 99,900 yuan ($14,820) to 131,900 yuan, expanding its lineup as the automaker targets China’s electric vehicle market.
Five Variants Offered at Launch
Suggested retail prices range from 109,900 yuan to 139,900 yuan, with limited-time launch discounts of 8,000 yuan or 10,000 yuan depending on the variant.
The Ioniq V opened for pre-sales at the Chengdu Auto Show in August with three variants priced between 119,900 yuan and 139,900 yuan. The launch adds the entry-level 540 Pro and long-range 650 Max versions.
The new entry-level variant and launch discounts reduce the Ioniq V’s starting price by 20,000 yuan compared with its pre-sales starting price.
The Ioniq V is the first production model since Hyundai introduced the Ioniq brand in China this year. The vehicle is part of the company’s renewed electrification strategy for the Chinese market.
Developed for Chinese Customers
Led by Hyundai’s China design center, the sedan was developed for Chinese customers and is also intended for other markets. It is the production version of the Venus Concept unveiled at the Beijing Auto Show in April.
The Ioniq V features a fastback design and frameless doors. It measures 4,900 mm in length, 1,890 mm in width and 1,470 mm in height, with a wheelbase of 2,900 mm.
The sedan is built on Hyundai’s E-GMP (Electric Global Modular Platform). Single-motor versions offer peak outputs of 140 kW (188 hp) and 168 kW, while the vehicle supports 800-volt fast charging.
CATL Supplies LFP Batteries
CATL supplies the Ioniq V’s lithium iron phosphate (LFP) batteries, which are available in 53.48 kWh and 66.85 kWh capacities.
The sedan offers CLTC driving range options of 540 km and 650 km, depending on the battery and configuration.
The vehicle’s cabin features a 27-inch 4K display and Qualcomm’s Snapdragon 8295P chip, with a head-up display also available.
The infotainment system integrates artificial intelligence models including Baidu’s Ernie Bot and ByteDance’s Doubao. It supports independent voice control across four zones covering the front and rear of the cabin, along with continuous dialogue and multiple commands.
L2+ Driver Assistance From Momenta
For driver assistance, the Ioniq V uses an L2+ system developed with Chinese autonomous driving technology company Momenta.
The system includes highway navigation assistance, urban memory navigation assistance and parking assistance.
Beijing Hyundai is also offering a lifetime vehicle warranty as part of its launch benefits. The package includes battery replacement for battery degradation and compensation for spontaneous battery fires, subject to specified time and mileage limits.
Hyundai Targets China Expansion
When Hyundai formally introduced the Ioniq brand in China in April, it outlined plans to launch 20 battery-electric vehicle (BEV) and extended-range electric vehicle (EREV) models locally over the next five years.
The company aims to expand its China business to 500,000 vehicles by 2030 through local development and partnerships with Chinese suppliers. The Ioniq V is among the first products supporting that expansion plan.
